Cereva Networks Appoints Top Executives; CEO and VP of Worldwide Sales Will Help Establish Company as Major Presence in Internet Infrastructure Market.Business & Technology Editors MARLBOROUGH Marl·bor·ough or Marl·bo·ro A city of east-central Massachusetts east-northeast of Worcester. Settled in 1657, it was nearly destroyed in 1676 during King Philip's War. Population: 38,100. , Mass.--(BUSINESS WIRE)--April 27, 2000 Cereva Networks Inc., a leading-edge developer of highly scalable Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the infrastructure solutions, today announced it has appointed Alan G. Lutz as president and chief executive officer and Timothy P. Lieto as vice president of worldwide sales and customer service. Lutz and Lieto bring significant executive and complex-technology experience to Cereva Networks from such companies as Compaq, Unisys and 3Com Corporation. Mr. Lutz previously served as president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Newbridge Networks Newbridge Networks was an Ottawa, Ontario, Canada company founded by Canadian/Welsh entrepreneur Terry Matthews. It was founded in 1986 to create data and voice networking products after Matthews was forced out of his original company Mitel. Corporation of Ontario, Canada. Prior to Newbridge, he was senior vice president and group general manager with Compaq; executive vice president and president of Computer Systems Group for Unisys; and senior vice president and president of Public Networks Group for Nortel Networks (Nortel Networks Limited, Brampton, Ontario, www.nortelnetworks.com) A world leader in telecommunications products, which includes switching, wireless and broadband systems for service providers and carriers, telephones and systems for residential and business users, computer telephony . "Cereva Networks has all the ingredients for success," said Lutz. "With a cutting-edge product portfolio that solves a significant problem in the hot Internet infrastructure space, Cereva Networks will certainly become a major player in the market. We have assembled as·sem·ble v. as·sem·bled, as·sem·bling, as·sem·bles v.tr. 1. To bring or call together into a group or whole: assembled the jury. 2. an exceptional staff - with a wealth of experience from the networking and computing computing - computer worlds - who are focused on significantly improving the performance of Web pages while greatly reducing the cost of providing them." Mr. Lutz joins Cereva's Board of Directors, which includes Raju Bopardikar, the founder and chief technical officer of Cereva Networks; Mahesh Mahesh (m  ·hāshˑ),n. Ganmukhi, founder and chief executive officer of Ignitus Corporation; Jeff McCarthy This biographical article or section needs additional references for verification. Please help [ to improve this article] by adding additional sources. Unverifiable material about living persons must be removed immediately, especially if potentially libelous or harmful. , general partner with North Bridge Venture Partners; and David Schantz, general partner with Matrix Partners. Also joining Cereva Networks is vice president of worldwide sales and customer service, Timothy Lieto. Mr. Lieto, who was most recently vice president of worldwide enterprise sales at Lucent Technologies' Data Networking Systems Group, brings a strong background in building and driving field business organizations. Prior to Lucent, Mr. Lieto was vice president of sales and marketing with Prominet Corporation, which was acquired by Lucent in January 1998. Earlier, Mr. Lieto held senior sales positions with 3Com Corporation, Chipcom Corporation and Data General Corporation. About Cereva Networks (http://www.cereva.com) Cereva Networks is focused on dramatically improving the performance and scalability of the production, management and delivery of Internet content. With experienced developers from the networking and information technology industries, the Cereva Networks team is building a next-generation architecture that enables Web and eCommerce providers to scale capacity and transaction performance well beyond existing capabilities. The Cereva Networks' innovative hardware and software solution is targeted at the hyper-growth Internet infrastructure market. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion